European Tax Survey 2014

Benchmarking report: Luxembourg vs Europe

The 2014 Deloitte European Tax Survey was conducted in Autumn 2014 against the backdrop of an external environment that continues to be challenging. While growth, albeit slow, has returned to a number of European countries, the euro area remains a source of weakness.

The European Central Bank (ECB) has so far avoided the Quantitative Easing embraced by the US, Japan and UK, fearing that it may provide a disincentive for the most indebted nations to balance their books.

Introduction

The ECB is in favour of more growth-boosting structural reform in Europe, but reform can take years to have full effect. In the meantime, the OECD, at the behest of the G20, launched an Action Plan on Base Erosion and Profit Shifting (BEPS) in 2013 to update international tax principles for modern trading patterns and to reflect the importance of integrity and fairness in the international tax system.

In order to understand the impact of these changes and the potential impact on the tax department of today (as viewed by tax professionals across Europe), Deloitte has undertaken its second annual European Tax Survey.

814 organisations completed the questionnaire. Surveys were sent electronically and could be completed anonymously. The survey period was September-October 2014.

Study design and methodology

Online survey – 36 questions

Collaboration Member firms Europe

814 respondents (57 for Luxembourg) tax professionals took part

25 countries invited to take part:

- Austria

- France

- Portugal

- Belgium

- Germany

- Slovakia

- Bulgaria

- Greece

- Slovenia

- Bosnia & Herzegovina

- Hungary

- Spain

- Croatia

- Ireland

- Sweden

- Cyprus

- Italy

- Switzerland

- Czech Republic

- Luxembourg

- Turkey

- Denmark

- Netherlands

- United Kingdom

- Finland

To discover the key findings and the detailed findings please download the survey

Contact

Partner | Tax Leader

Raymond is a Tax Partner and head of Tax. He is focusing on Merger and Acquisition transaction as well as Alternative Investment Funds. He has over 20 years of tax experience and leads Deloitte Privat... More

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